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the davis family grows organic vegetables to sell at a local farmers ma…

Question

the davis family grows organic vegetables to sell at a local farmers market. which are factors that directly affect their profit? check all that apply.
an increase in the cost of farm equipment
a rise in demand for organic produce
an increase in customers at the market
a change in the market price for non - organic fruit
a sale on organic meats at the market

Explanation:

Brief Explanations
  • an increase in the cost of farm equipment: Increases production costs, reducing profit (since profit = revenue - cost).
  • a rise in demand for organic produce: Higher demand can lead to higher sales volume or price, increasing revenue and profit.
  • an increase in customers at the market: More potential buyers mean higher sales volume, increasing revenue and profit.
  • a change in the market price for non - organic fruit: Non - organic fruit is not the Davis family's product, so it does not directly affect their profit.
  • a sale on organic meats at the market: Organic meats are a different product, so a sale on them does not directly affect the profit of the Davis family's organic vegetable business.

Answer:

  • an increase in the cost of farm equipment
  • a rise in demand for organic produce
  • an increase in customers at the market